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Bullboard - Stock Discussion Forum Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > share buyback program.
View:
Post by knoxt on Nov 05, 2023 7:56am

share buyback program.

Normal Course Issuer Bid (NCIB) Share Buyback Program

 
Toronto, Canada, August 29, 2023

The Company has purchased a total of 34,198,000 common shares of the Company for an aggregate amount of $3,574,073.36 through the NCIB share buyback program.

 

 

 
 
Comment by Myharleybike on Nov 05, 2023 9:10am
Complete waste of money. Didn't help one bit.
Comment by inviolablspirit on Nov 05, 2023 11:27am
Certainly not at waste of money at these prices.  Funny how a number of posters complain that the outstanding shares are too high, then when the company does something about it people complain it's a waste of money.  This is why listening to anybody on this board is generally a waste of time.  Besides the outstanding shares were never too high. 
Comment by Thecook100 on Nov 05, 2023 11:57am
Also when we start trading millions of shares daily we need the liquidity to gain upward share price momentum :) 
Comment by samydude on Nov 05, 2023 9:48pm
Unfortunately with the buy backbacks over 3 years DM was at 367 million shares a nice drop in shares out AWESOME!! BUT, look now at the shares out almost back to 400 million.... soooo your point is??? Gaining back shares after spending millions to buy back shares so that you are back to where DM started the buy backs is good??? 
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